Motel

Traverse City, MI Motels for Sale

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Cedar, MI Grawn, MI Williamsburg, MI Acme, MI Suttons Bay, MI Interlochen, MI Lake Leelanau, MI Maple City, MI
Four-Season Riverfront Resort
Updated: Sep 15, 2025
Four-Season Riverfront Resort

6841 Brown Bridge Road, Traverse City, MI 49696

$3,500,000
10,404 sqft 40.00 AC lot
40‑acre resort with 15 motel units and a private house
Full‑service restaurant seats 147 guests and includes a liquor license
1,300 feet of private frontage on the Boardman River
25 campsites with restroom and shower buildings
55‑person meeting room and pavilion/game room for 113 people
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Furnished Rental Resort Property
Updated: Apr 22
Furnished Rental Resort Property

2960 Arbutus Hill Road, Traverse City, MI 49696

$3,800,000
36.50 AC lot
36.5‑acre resort property in Traverse City, MI
18 furnished rentals with 1-, 2-, and 3‑BR layouts
Four‑bedroom main residence with attached apartment
8 miles south of Cherry Capital Airport
Built in 1955 with metal roof and forced‑air heating
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Four-Season Resort with River Frontage
Four-Season Resort with River Frontage

Traverse City, MI 49696

$3,500,000
10,404 sqft 40.00 AC lot

Four-season resort offering 15 motel units, restaurant with liquor license, campsites, and 1,300 feet of private Boardman River frontage.

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See what stands out in Grand Traverse County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 49 Potential Opportunities for your consideration. Besides 3 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 41 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Motel With Standalone Cottages
Updated Motel With Standalone Cottages

4871 US Highway 31 N, Central Lake, MI 49622

$1,674,900
5,654 sqft 2.76 AC lot

Lodging property with guest accommodations, on-site living quarters, a garage/workshop, parking, and landscaped outdoor areas.

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Motel with Standalone Cottages
Motel with Standalone Cottages

Central Lake, MI 49622

$1,850,000
5,654 sqft

Hospitality property with guest rooms, detached cottages, owner-operator living space, and outdoor areas near Torch Lake and Lake Michigan.

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Well-Maintained Motel with Home
Well-Maintained Motel with Home

1024 S I 75 Business Loop, Grayling, MI 49738

$694,900
4.86 AC lot

A 22-unit motel property on 4.86 acres with a connected 1,800 sq ft residence and extensive parking.

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22-Unit Motel with Kitchenettes
22-Unit Motel with Kitchenettes

1024 I-75 Business, Grayling, MI 49738

$694,900
10,261 sqft 4.86 AC lot

Motel property with kitchenette units, an attached residence, and a separate maintenance building.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Waterfront Buildable Land
Waterfront Buildable Land

6785 Fouch Road, Traverse City, MI 49684

$250,000
2.69 AC lot

Buildable waterfront lot with an existing pole building, paved drive, and utilities in place for a range of uses.

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Off-Market Properties in Traverse City, MI

Consider similar Off-Market properties in Traverse City, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1465 Us Hwy 31st N
MOTEL

1465 Us Hwy 31st N, Traverse City, MI 49686-3636

$885,000
Estimated value
5,312 sqft 0.68 AC lot
View details
1773 Us Hwy 31st N
MOTEL

1773 Us Hwy 31st N, Traverse City, MI 49686-3743

$13,510,000
Estimated value
720 sqft 3.80 AC lot
View details
1566 Us Hwy 31st N
MOTEL

1566 Us Hwy 31st N, Traverse City, MI 49686-3740

$445,000
Estimated value
2,266 sqft 1.31 AC lot
View details
1582 Us Hwy 31st N
MOTEL

1582 Us Hwy 31st N, Traverse City, MI 49686-3740

$645,000
Estimated value
18,444 sqft 1.06 AC lot
View details
1614 Us Hwy 31st N
MOTEL

1614 Us Hwy 31st N, Traverse City, MI 49686-3742

$615,000
Estimated value
22,428 sqft 1.12 AC lot
View details
2300 Us Hwy 31st N
MOTEL

2300 Us Hwy 31st N, Traverse City, MI 49686-3756

$1,805,000
Estimated value
9,488 sqft 1.89 AC lot
View details
1489 Us Hwy 31st N
MOTEL

1489 Us Hwy 31st N, Traverse City, MI 49686-3636

$2,225,000
Estimated value
16,221 sqft 1.61 AC lot
View details
4482 Spider Lk Rd
MOTEL

4482 Spider Lk Rd, Traverse City, MI 49696-9290

$2,045,000
Estimated value
7,208 sqft 0.80 AC lot
View details
360 Munson Ave
MOTEL

360 Munson Ave, Traverse City, MI 49686-3064

Value Estimation by Request
9,855 sqft 0.81 AC lot
View details
894 Munson Ave
MOTEL

894 Munson Ave, Traverse City, MI 49686-3602

$350,000
Estimated value
2,652 sqft 1.22 AC lot
View details
305 Munson Ave
MOTEL

305 Munson Ave, Traverse City, MI 49686-3069

Value Estimation by Request
19,530 sqft 1.45 AC lot
View details
305 Munson Ave
MOTEL

305 Munson Ave, Traverse City, MI 49686-3069

$2,125,000
Estimated value
9,184 sqft 1.39 AC lot
View details
1065 M 37
MOTEL

1065 M 37, Traverse City, MI 49685-8508

$1,670,000
Estimated value
17,698 sqft 1.32 AC lot
View details
539 Bay St
MOTEL

539 Bay St, Traverse City, MI 49684-2270

Value Estimation by Request
14,224 sqft 0.30 AC lot
View details
2035 Us Hwy 31st N28-16
MOTEL

2035 Us Hwy 31st N28-16, Traverse City, MI 49686-3749

Value Estimation by Request
1,032 sqft
View details
2035 Us Hwy 31st N5-44
MOTEL

2035 Us Hwy 31st N5-44, Traverse City, MI 49686-3749

Value Estimation by Request
1,464 sqft
View details
2035 Us Hwy 31st N9-44
MOTEL

2035 Us Hwy 31st N9-44, Traverse City, MI 49686-3749

Value Estimation by Request
1,420 sqft
View details
2035 Us Hwy 31st N23-17
MOTEL

2035 Us Hwy 31st N23-17, Traverse City, MI 49686-3749

Value Estimation by Request
1,464 sqft
View details
2035 Us Hwy 31st N26-17
MOTEL

2035 Us Hwy 31st N26-17, Traverse City, MI 49686-3749

Value Estimation by Request
1,060 sqft
View details
2035 Us Hwy 31st N26-44
MOTEL

2035 Us Hwy 31st N26-44, Traverse City, MI 49686-3749

Value Estimation by Request
1,060 sqft
View details
2035 Us Hwy 31st N20-16
MOTEL

2035 Us Hwy 31st N20-16, Traverse City, MI 49686-3749

Value Estimation by Request
544 sqft
View details

Traverse City, MI Motels Market Trends and Statistics

Explore 44 motels for sale in Traverse City, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 20,808 square feet of properties for sale, with an estimated market value of $10,800,000.

Sale prices for motels in Traverse City, MI start at $3,500,000, averaging $3,600,000, and reaching up to $3,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 7
Resorts 7
Motels 4
Bed & breakfasts 2
Campgrounds 2

Demographics Overview

Population 78K
Population Growth (5Y) -35.5%
Median Household Income $78,889
College Educated 59.4%

High-Yield Neighborhoods for Investment

Identify Traverse City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49696 $3.6M

Taxes & Financing

Tax Rate (average for all types) 4.34%
Property Tax per SF $71.64 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Grand Traverse County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Grand Traverse County

Retail

Property Size Breakdown

The majority of commercial real estate listings in Traverse City fall within the 100,000+ square foot range.

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